Dominican Republic Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Dominican Republic's government debt to gdp was 59.96% in 2025, ranked 74th globally. This represents a 2.0% increase from 2024. Data from IMF WEO, covering 1997–2025.
Overview
Dominican Republic's government debt to gdp stood at 59.96% in 2025, a rise of +1.16% from 2024. The IMF projects 59.96% by 2025. Dominican Republic ranked 74th globally.
Dominican Republic’s general government debt stood at 59.96 % of GDP in 2025, placing it 74th in the world and virtually level with peers such as Panama (59.60 %) and Costa Rica (59.66 %). The debt ratio has risen sharply from a low of 13.25 % of GDP in 1998, the all‑time trough, to an all‑time peak of 71.81 % in 2020, reflecting the fiscal pressures of the COVID‑19 pandemic and associated stimulus measures. Since that peak, the ratio has fallen by roughly 12 percentage points, driven by a return to pre‑pandemic growth, modest primary surpluses and gradual debt amortisation. Over the 29‑year series, the trajectory shows a long‑term upward trend punctuated by a pronounced spike in the early 2020s. Continued fiscal consolidation, higher growth rates and limited new borrowing would be needed to keep the debt‑to‑GDP ratio on a downward path and avoid a return to the 2020 peak.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 51.98% | - | - |
| 2029* IMF | 53.90% | - | - |
| 2028* IMF | 55.65% | - | - |
| 2027* IMF | 57.25% | - | - |
| 2026* IMF | 58.92% | - | - |
| 2025* IMF | 59.96% | - | - |
| 2025 | 59.96% | +1.16% | #74 |
| 2024 | 58.79% | −1.72% | #105 |
| 2023 | 60.51% | +0.93% | #110 |
| 2022 | 59.58% | −3.24% | #104 |
| 2021 | 62.82% | −8.99% | #105 |
| 2020 | 71.81% | +18.36% | #123 |
| 2019 | 53.46% | +2.66% | #104 |
| 2018 | 50.80% | +1.32% | #100 |
| 2017 | 49.48% | +2.79% | #99 |
| 2016 | 46.69% | +1.87% | #95 |
| 2015 | 44.81% | −0.21% | #98 |
| 2014 | 45.02% | −1.79% | #111 |
| 2013 | 46.81% | +4.40% | #118 |
| 2012 | 42.40% | +3.30% | #112 |
| 2011 | 39.11% | +1.76% | #103 |
Detected Pattern
Analysis
Dominican Republic matched the Orthodox Tightening Cycle pattern in 2004. Historically, 57% of countries showing this pattern (177 out of 311) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Dominican Republic's government debt to gdp was 59.96% in 2025. Ranked 74th globally. This represents a 2.0% increase from the previous year.
Dominican Republic's government debt to gdp peaked at 71.81% in 2020.
The lowest government debt to gdp in Dominican Republic was 13.25% in 1998.
Dominican Republic ranks 74th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Dominican Republic's government debt to gdp is projected to reach 59.96% by 2025 based on IMF projection.
The government debt to gdp of Dominican Republic in 2025 was 59.96%. This ranks 74th in the world.
Cite this page
@misc{historysaid_dominican-republic_government-debt-to-gdp,
title = {Dominican Republic Government Debt to GDP},
url = {https://historysaid.com/dominican-republic/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}